This chemical is primarily utilized in organic synthesis, particularly as a key intermediate in the preparation of conjugated polymers and organic electronic materials. Its structure, featuring boronate ester groups, makes it highly valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed to construct carbon-carbon bonds in the synthesis of complex organic molecules. Additionally, it is used in the development of organic light-emitting diodes (OLEDs) and photovoltaic devices due to its ability to facilitate the creation of highly efficient and stable organic semiconductors. Its application extends to the field of materials science, where it contributes to the design of advanced materials with tailored electronic properties.